Honda Cars reports 16 pct rise in February sales

Honda Cars India Ltd (HCIL) Friday reported a 16 per cent increase in its domestic sales to 13,527 units in February. The company had sold 11,650 units in the domestic market in February 2018, HCIL said in a statement. The company also exported 20 units last month, it said.

"Our on-ground efforts and sustained sales momentum for models, especially the Amaze, City and WR-V has fuelled our growth in February," HCIL Senior VP and Director-Sales and Marketing Rajesh Goel said. The overall market sentiment is not overly buoyant at this stage, however, the company hopes the market will revive soon, he added.